XML 106 R46.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Indebtedness - Additional Information (Detail)
1 Months Ended 12 Months Ended
Jan. 02, 2020
USD ($)
May 09, 2019
USD ($)
Oct. 30, 2018
USD ($)
Oct. 11, 2018
USD ($)
Jan. 03, 2018
USD ($)
Nov. 20, 2017
USD ($)
May 01, 2017
USD ($)
Feb. 28, 2019
USD ($)
Dec. 31, 2019
USD ($)
Property
Dec. 31, 2018
USD ($)
Property
Dec. 31, 2017
USD ($)
Nov. 30, 2019
USD ($)
Nov. 17, 2017
USD ($)
Dec. 31, 2016
USD ($)
Sep. 17, 2015
USD ($)
Debt Instrument [Line Items]                              
Loss on extinguishment of debt             $ 572,000       $ 572,000        
Deferred financing costs                 $ 5,606,000 $ 5,927,000          
Outstanding Principal                 $ 991,178,000 $ 991,415,000          
Hartshire Lakes                              
Debt Instrument [Line Items]                              
Maturity date         Jan. 31, 2025                    
Outstanding Principal         $ 16,000,000                    
Debt interest rate         4.68%                    
Interest payment period                 monthly            
Debt Instrument amortization period         30 years                    
Outstanding Principal, fair value         $ 15,936,000                    
Creekside Corners                              
Debt Instrument [Line Items]                              
Maturity date         Jan. 31, 2025                    
Outstanding Principal         $ 23,500,000                    
Debt interest rate         4.56%                    
Interest payment period                 monthly            
Debt Instrument amortization period         30 years                    
Outstanding Principal, fair value         $ 23,426,000                    
Mortgages-Fixed Rate                              
Debt Instrument [Line Items]                              
Number Of Property Dispositions | Property                 3 2          
Mortgage loan related to property disposition                 $ 76,512,000 $ 46,772,000          
Mortgages-Fixed Rate | Waterford Landing                              
Debt Instrument [Line Items]                              
Maturity date       Jan. 31, 2026                      
Outstanding Principal       $ 15,500,000                      
Debt interest rate       4.82%                      
Interest payment period                 monthly            
Debt Instrument amortization period       30 years                      
Outstanding Principal, fair value       $ 15,394,000                      
Subsequent Event                              
Debt Instrument [Line Items]                              
Proceeds from credit facility $ 62,000,000                            
Secured Credit Facility                              
Debt Instrument [Line Items]                              
Credit facility borrowing capacity                   300,000,000          
Outstanding Principal                   155,743,000          
Unsecured Credit Facility                              
Debt Instrument [Line Items]                              
Credit facility borrowing capacity             $ 300,000,000   $ 350,000,000            
Deferred financing costs                 2,336,000 [1] 1,760,000 [2]          
Outstanding Principal                 186,302,000 [1] 155,743,000 [2]          
Unsecured Revolving Line of Credit                              
Debt Instrument [Line Items]                              
Credit facility, revolving line of credit   $ 350,000,000                          
Maturity date   May 09, 2023                          
Unsecured revolving line of credit, option to extend additional period   6 months                          
Maturity term description   option to extend the revolving commitment for two additional 6-month periods under certain circumstances, including the payment of an extension fee                          
Deferred financing costs   $ 1,129,000                          
Unsecured Revolving Line of Credit | LIBOR                              
Debt Instrument [Line Items]                              
Debt interest rate   1.55%                          
Unsecured Revolving Line of Credit | Minimum | 1-month LIBOR Rate                              
Debt Instrument [Line Items]                              
Debt interest rate   1.25%                          
Unsecured Revolving Line of Credit | Minimum | Base Rate                              
Debt Instrument [Line Items]                              
Debt interest rate   2.50%                          
Unsecured Revolving Line of Credit | Maximum                              
Debt Instrument [Line Items]                              
Credit facility borrowing capacity   $ 600,000,000                          
Unsecured Revolving Line of Credit | Maximum | 1-month LIBOR Rate                              
Debt Instrument [Line Items]                              
Debt interest rate   2.00%                          
Unsecured Revolving Line of Credit | Maximum | Base Rate                              
Debt Instrument [Line Items]                              
Debt interest rate   1.00%                          
Unsecured Term Loan                              
Debt Instrument [Line Items]                              
Credit facility borrowing capacity           $ 100,000,000             $ 100,000,000    
Deferred financing costs           $ 917,000           $ 257,000      
Unsecured Term Loan | Minimum | LIBOR                              
Debt Instrument [Line Items]                              
Debt interest rate           1.20%                  
Unsecured Term Loan | Maximum | LIBOR                              
Debt Instrument [Line Items]                              
Debt interest rate           1.90%                  
Unsecured Term Loans                              
Debt Instrument [Line Items]                              
Credit facility borrowing capacity     $ 200,000,000                        
Maturity date     Jan. 31, 2024                        
Deferred financing costs                 1,582,000 1,620,000          
Proceeds from credit facility     $ 150,000,000         $ 50,000,000              
Deferred financing costs     $ 821,000                        
Outstanding Principal                 300,000,000 $ 250,000,000          
Unsecured Term Loans | LIBOR                              
Debt Instrument [Line Items]                              
Debt interest rate     1.45%                        
Unsecured Term Loans | Minimum | LIBOR                              
Debt Instrument [Line Items]                              
Debt interest rate     1.20%                        
Unsecured Term Loans | Maximum | LIBOR                              
Debt Instrument [Line Items]                              
Debt interest rate     1.90%                        
Key Bank Senior Facility | Secured Credit Facility                              
Debt Instrument [Line Items]                              
Credit facility borrowing capacity                           $ 312,500,000 $ 325,000,000
Key Bank Senior Facility | Unsecured Revolving Line of Credit                              
Debt Instrument [Line Items]                              
Pool of unencumbered properties occupancy level                 $ 100,000,000            
[1] The unsecured credit facility total capacity is $350,000, of which $186,302 was outstanding as of December 31, 2019.
[2] The secured credit facility total capacity was $300,000, of which $155,743 was outstanding as of December 31, 2018.